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The Morgan S 1921 production background

Just about the most extensively collected U.S. coin could well be the Morgan Silver dollar. The Morgan S 1921 was a component of the Morgan Silver dollar production run. The Morgan Silver dollar was struck between 1878 and 1904 when mintage was terminated as a result of lack of demand for the silver coin. A fairly extreme reduction of the U.S silver bullion supply at this period was also a major factor. In 1921 production was started again for solely that year during which the Morgan dollar's production run came to a close when it was replaced by the Peace Dollar.

Initial public response to the Morgan Silver Dollar

When it was first obtainable the U.S public did not really like it. The coin was known as a cartwheel since it was so big and heavy. It was called the Bland dollar as a result of the Bland-Allison Act which launched it. The coin was also referred to the buzzard dollar. A lot of people thought that the eagle on the reverse of the coin resembled a buzzard: it had a skinny neck and body and they also were of the opinion that it didn't appear actually noble. The obverse of the coin depicts Lady Liberty and for that main reason the appropriate label for this silver coin is the Liberty Head dollar.

The actual Lady Liberty

The model for Lady Liberty was a young school teacher known as Anna Willess Williams. She sat for the Morgan in five different sessions and constantly in really strict secrecy. This was primarily because she was a school teacher, and hence she could possibly be terminated if it were perceived that she were an artist's model. The reason for this secrecy was that respectable young ladies simply weren't artists models in 1876. A resourceful news reporter did some digging about, discovered who exactly the model for the coin was, publicized the news and as Miss Williams anticipated, she did in fact lose her teaching job.

Why the Morgan came to exist

The Morgan Silver Dollar is named after its designer Mr George T Morgan. Mr Morgan used to be a pupil of Mr William Wyen of the Royal Mint in London. He was selected by the United States Mint in 1878 to make a new one dollar coin (his initial M is on both sides of every Morgan S 1921) The demand for the coin happened subsequent to the discovery of the Comstock Lode in Nevada. Some silver mine owners got together and pressured the U.S Congress to pass the Bland-Allison Act. This dictated that the US Treasury buy from them approximately two and four million ounces of silver every month. The U.S Treasury found themselves receiving this immense amount of silver every month and searched for a strategy to utilize it. Its response was to commission a new coin. George T Morgan designed it and production was started. The coin was minted in massive numbers throughout its run. The Morgan S 1921 was part of the over 500,000,000 Morgan dollars produced. 1921 saw the maximum produced, about 85 million were produced by three different mints at that time.

King of the Morgans

The King of the Morgans is considered to be the 1895-plain . The 1895-plain had a mintage according to the U.S mint of 12,000 commercial strikes - quite a modest volume - and also 880 proofs. Nobody has been capable of finding the 12,000 commercial strikes and of the 880 proof coins some 75 to 80 of these are known to exist. As a result its value can be quite high, hence its name King of the Morgans.

Morgan S 1921 specifications

The Morgan S 1921 has a diameter of 38.1 mm and weighs in at 26.73 grams uncirculated. It contains 90% Silver and 10% Copper. It contains 0.77344 troy ounces of pure silver. The obverse bears the profile of Anna Willess Williams. The wording E PLURIBUS UNUM is along the top. The foot of the coin is almost encircled by thirteen stars. The date is at the bottom. The reverse has a flying eagle with three arrows in its right talon and a branch in its left. A wreath encompasses two thirds of the bottom part of the eagle. UNITED STATES OF AMERICA spans the top, ONE DOLLAR across the bottom, and In God We Trust is in between the eagle's wings. The coin features a reeded edge.

Where the Morgan was struck

The Morgan S 1921 was struck at one of the five mints used in the production run of the Morgan Silver Dollar. The mint marks on the coins are 'CC' for Carson City, 'S' for San Francisco, 'O' for New Orleans 'D' for Denver and 'P' for Philadelphia. A Morgan not having a mint mark signifies that it was produced in Philadelphia.

Key dates

Apart from the 1895-plain, additional key date Morgan Dollars are the 1889 'CC' dollar with the total amount of coins minted at 350,000, and also the 1893 'S' with a production run of just 100,000.

The price tag of a Morgan S 1921

The cost of a Morgan S 1921 is quite a bit reliant on three crucial variables: scarcity, coin appearance and what the market place selling price is. As a quite rough guide Morgans may likely vary from $32 to $8,000 or maybe more.

The grading of a Morgan S 1921

Be certain that one of the prime grading providers has graded and enveloped it. The Professional Coin Grading Service (PCGS), Independent Coin Grading Service (ICG), Numismatic Guaranty Company of America (NCG), and ANACS are frequently strongly suggested. Have a trustworthy dealer check a high quality Morgan S 1921 prior to buying. Only purchase from respectable dealers.

George T Morgan

George Morgan worked at the Philadephia Mint for forty-eight years. He in the end became Chief Engraver there in 1917. He married and had three children. Mostly associated with the Morgan Dollar, he also worked on several other silver coins, medals and also postage stamps. He carried on working in the Philadelphia Mint up to a quite short time just before his death in February 1925 at the age of seventy nine.

A brief history of the life of Anna Willess Williams after the Morgan Silver Dollar

Anna Willess Williams was a nineteen year old Philadelphia school teacher when she modelled for Morgan. The actual reason for Morgan deciding upon her to model for him was that from the outset he was minded to use the profile of an American girl (in contrast to that of an imagined one) for his brand-new design. Shortly after rejecting several hopefuls, Morgan very happy with her profile, announced that it was the most perfect he had seen in England or America and asked her to pose for him. Morgan asked her to pose for the reason that he was working on engraving a half dollar at that time (the need for the Morgan S 1921 only came later) She became famous and received many letters and personal visits which which she found perturbing. Despite the fact that she was offered lucrative acting jobs, she refused them and remained in the teaching profession for the rest of her life. She never married (though there were rumors of a future spouse at one time) and died in Philadelphia in April 1926 aged sixty eight.

By law, each and every replica Morgan S 1921 must have the word 'copy' stamped upon it. A real Morgan S 1921 ought to weigh roughly 26.73 grams: fakes are commonly lighter. In the event that you turn a Morgan S 1921 the engraving on the other side of the silver coin ought to be precisely the other way up. An imitation Morgan S 1921 may very well be magnetic, a real Morgan S 1921 is certainly not.

Morgan S 1921 coins previously bought from this site:

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